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UBS upgrades Rivian (RIVN) to Buy following capital raise
October 10, 2023 9:41 AM EDTUBS upgraded electric automaker, Rivian (NASDAQ: RIVN) to a Buy rating (From Neutral) but cut their 12-month price target to $24.00 (From $26.00) following the companys most recent capital raise.
RIVN stock has experienced a decline of around 20% since 10/04. This drop can be attributed to the company's issuance of a $1.5... More
Needham Positive on Rivian Automotive Inc (RIVN), Reiterates Conviction List Pick
October 10, 2023 6:39 AM EDTNeedham & Company analyst Chris Pierce reiterated a Buy rating and $31.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).
The analyst comments "We reiterate our Buy rating, $31 price target and Needham Conviction List pick on RIVN post 3Q23 delivery numbers and a convertible debt... More
